Staples Inc. (SPLS) Chairman and CEO Ronald Sargent sells 40,000 Shares

Chairman and CEO of Staples Inc. (SPLS, Financial) Ronald Sargent sells 40,000 shares of SPLS on 10/02/2009 at an average price of $22.81 a share.

Staples.com is creating a leading business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. Staples.com provides an electronic marketplace where small mid-sized and large businesses can procure office products and business services and obtain business information and expert content. Staples.com includes the operations of all three of Staples Inc.'s e-commerce sites: Staples.com Quillcorp.com and StaplesLink.com. (PRESS RELEASE) Staples Inc. has a market cap of $16.66 billion; its shares were traded at around $23.07 with a P/E ratio of 19.9 and P/S ratio of 0.7. The dividend yield of Staples Inc. stocks is 0.4%. Staples Inc. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Staples Inc. the business predictability rank of 4.5-star.

SPLS is in the portfolios of Lee Ainslie of Maverick Capital, David Dreman of Dreman Value Management, John Hussman of Hussman Economtrics Advisors, Inc., Chris Davis of Davis Selected Advisers, Arnold Van Den Berg of Century Management.

Recent Trades of Staples Inc. by CEO:
  • Sell: Chairman and CEO Ronald Sargent sold 40,000 shares of SPLS stock on 09/29/2009 at the average price of $23.34; the price of the stock has decreased by 1.16% since.



Recent Trades of Staples Inc. by Directors and Officers:
  • Buy: Director Robert E Sulentic bought 10,000 shares of SPLS stock on 06/22/2009 at the average price of $20.06; the price of the stock has increased by 15% since.

  • Sell: SVP, Controller Christine T Komola sold 2,082 shares of SPLS stock on 09/29/2009 at the average price of $23.25; the price of the stock has decreased by 0.77% since.

  • Sell: President & COO Michael Miles sold 150,000 shares of SPLS stock on 09/21/2009 at the average price of $23.29; the price of the stock has decreased by 0.94% since.

  • Sell: SVP General Counsel Kristin Ann Campbell sold 28,891 shares of SPLS stock on 09/18/2009 at the average price of $23; the price of the stock has increased by 0.3% since.

  • Sell: President, NA Delivery Joseph Doody sold 150,000 shares of SPLS stock on 09/14/2009 at the average price of $22.89; the price of the stock has increased by 0.79% since.